NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. So What: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...

SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Shares in Light & Wonder, a leading gaming technology company, are under pressure following a recent court ruling that questioned the legality of its popular Dragon Train® slot machines. The ruling has raised questions about the propriety of Light & Wonder's disclosures regarding the success of Dragon Train® and its prospects for continued revenue growth. Hagens Berman encourages Light & Wonder, Inc. (NASDAQ: LNW) investors who suffered substantial losses to ...

SAN DIEGO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating Light & Wonder, Inc. (NASDAQ: LNW) for potential violations of securities laws. Investors who have lost money in their investments are encouraged to learn more about potentially recovering their losses by contacting the firm. For additional details visit https://www.johnsonfistel.com/investigations/light-wonder-inc. What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company shou ...

Core Viewpoint - Light & Wonder, Inc. is under investigation for potentially misleading investors regarding the success and legality of its DRAGON TRAIN® slot machines, following a court ruling that favored competitor Aristocrat Technologies [1][2][3]. Group 1: Legal Issues - The United States District Court for the District of Nevada granted a preliminary injunction against Light & Wonder, preventing any further commercialization of DRAGON TRAIN® due to allegations of misappropriating trade secrets from Aristocrat Technologies [1][2]. - The court indicated that Aristocrat is "extremely likely to succeed" in proving that Light & Wonder misappropriated its trade secrets during the development of DRAGON TRAIN® [2]. Group 2: Financial Impact - Following the court ruling on September 23, 2024, Light & Wonder's stock price plummeted by $21.97, a decrease of 19%, resulting in a loss of approximately $1.9 billion in shareholder value in just one trading day [2]. Group 3: Investor Actions - Hagens Berman is encouraging investors who have suffered significant losses in Light & Wonder to come forward and submit their losses, as well as to provide any information that may assist in the investigation [1][3].

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Light & Wonder, Inc. ("L&W" or the "Company") (NASDAQ:LNW) on behalf of L&W stockholders. Our investigation concerns whether L&W has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. In February 2024, Aristocrat Technologies ("Aristocrat") sued L&W in the U.S. D ...

NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Light & Wonder, Inc. ("Light & Wonder" or "the Company") (NASDAQ: LNW). Investors who purchased Light & Wonder securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/LNW. Investigation Details In February 2024, Aristocrat Technologies ("Aristocrat") sued L&W in the U.S. Dis ...

A month has gone by since the last earnings report for Light & Wonder (LNW) . Shares have added about 5.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Light & Wonder due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Light & Wonder Q2 Earnings Top on Solid Revenue ...

John Rensten/DigitalVision via Getty Images Light & Wonder, Inc. (NASDAQ:LNW) has continued its great growth momentum even above previously anticipated levels, again exceeding revenue expectations with the recently reported Q2 financials. The reported revenues of $818 million beat Wall Street's estimates by $20.7 million, but the EPS of $0.90 missed by $0.14 despite consistent continued momentum. I believe that there needs to be some caution in extrapolating the growth much further, though. In my previous a ...

Light & Wonder, Inc. (LNW) reported solid second-quarter 2024 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. The Las Vegas-based cross-platform games and entertainment company reported 8th consecutive quarter of double-digit revenue growth, which exemplified its portfolio strength and resilient business model. Bottom Line Net income in the reported quarter was $82 million or 90 cents per share, against a net loss of $1 million or a loss of a penny per share in the yea ...

Light & Wonder (LNW) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 36.54%. A quarter ago, it was expected that this instantwin lottery ticket maker would post earnings of $0.70 per share when it actually produced earnings of $0.93, delivering a surprise of 32.86%. Over the last fou ...